Sugar exports will stay concentrated and dominated by Brazil

Keyword(s):  
2015 ◽  
Vol 14 (2) ◽  
pp. 70-85 ◽  
Author(s):  
Cinthia Cabral da Costa ◽  
Heloisa Lee Burnquist ◽  
Joaquim José Martins Guilhoto

Purpose – This paper aims to present a critical analysis of special safeguards (SSGs) and a simulation of their effects on Brazilian sugar exports to countries such as the US and the European Union (EU) bloc. Design/methodology/approach – The first stage involved the identification of tariff lines for the EU and the US sugar imports from Brazil between 1995 and 2013. Next, notifications of World Trade Organization about SSGs were examined to identify the years when the measure was applied on the sugar trade by these countries. For the years when SSGs were applied, the values of these additional tariffs were calculated. This information was used, along with price elasticities, to obtain the effects of an increase in Brazilian sugar exports in the absence of SSG and also the overall impact on the Brazilian economy, using its input-output matrix. Findings – Results indicated that the estimated value of the direct, indirect and income effects of SSG tariffs on Brazilian sugar exports to the EU and the US markets through the period 1995 to 2013 could amount to BRL 22 billion in terms of the exporting country GDP. This suggests that this policy can be highly perverse, as it translates into lower domestic production for both, the exporting and the importing countries. This issue is relevant for discussions on the global sugar market, given the facts that it is one of the markets which have been most distorted by protectionism. Originality/value – This issue is relevant for discussions on the global sugar market, given the facts that it is one of the markets which have been most distorted by protectionism.


2001 ◽  
Vol 05 (05) ◽  
pp. 97-98

China to Improve Healthcare for Urbanites, Women and Children. North-east China Starts Campaign for AIDS and Sexually Transmitted Disease. Singapore Launches Hep B Immunization Program. Indian Sugar Exports Increase. Mosquito Viral Scare in Victoria, Australia. Myanmar, Japan Sign MOU on Purchase of Buckwheat Seeds.


2021 ◽  
Author(s):  
◽  
Keiran Barbalich

<p>Fiji became independent in 1970, and functioned for 17 years under a constitution with democratic elements, including elections. Three times since 1987, however, armed force has overthrown constitutionally elected governments. Some observers see this as a failure of the consolidation of Fijian democracy, while others acknowledge the facade of Fijian democracy. Among those who acknowledge Fiji's authoritarian institutions, conflict persists as to whether authoritarianism is the inevitable product of ethnic conflict in Fijian society, or a consequence of post-colonial institutional legacies. No movement toward democracy in Fiji is likely to succeed until we understand the material foundations underlying Fiji's authoritarian politics. This thesis argues that Fiji' authoritarian political institutions, established under colonial rule, have been sustained since independence by forces in the international economy. These forces have helped to maintain the economic, social and political dominance of a Pacific-Fijian chiefly elite over Fijian society. Specially, chiefly control of the sugar industry, Fiji's principal export, has provided chiefs with sufficient patronage resources to retain their control over Fijian society through electoral politics or, at the event of undesirable electoral outcomes, through armed opposition. Through post-colonial structures, the chiefs control the land-tenure system, and through their setting and receipt of land rents, they have been the principal beneficiaries of Fiji's sugar exports. This comparatively inefficient industry, and the social and political institutions that it rests on, have survived because Fiji, as party to the European Union's Sugar Protocol, has received two-and-a-half to three times the world market price for its sugar exports between 1975 and 2009. This thesis makes its case through close textual analysis of Fiji's three constitutions, detailed inspection of Fiji's land-tenure system, and, specifically, the accounts of the Native Land Trust Board, as well as examination of the secondary literature on Fiji's sugar industry.</p>


2010 ◽  
pp. 103-108
Author(s):  
Leonardo Bichara Rocha

This paper reviews the major changes and trends in the raw and white sugar trade flows involving Latin American exporters and their partners. The paper assesses the recent absolute and relative growth in the volume of sugar exports from Brazil (the region’s and the world’s dominant exporter) and other major regional exporters such as Guatemala, Cuba, Colombia, Mexico and Argentina. Latin America has emerged as the world’s largest net sugar exporting region. Significant volumes of raw sugar of Latin American origin are now used by a large number of new destination refineries which have been set up in the Middle East and Asia. Indeed, the share of Latin America in global raw sugar exports has increased from 62.8% on average between 2002 and 2004 to 67.3% on average between 2006 and 2008. This paper also evaluates the impact of preferential trade agreements, including the CAFTA and the EPA, for Central American and Caribbean sugar exporters, as well as the implications of NAFTA for Mexico’s sugar. Finally, the paper discusses the potential gains and benefits that diversification into ethanol and cogeneration have provided to the major Latin American sugarcane industries.


Author(s):  
Javier Moreno Lázaro

AbstractThis paper presents the course taken by the Cuban economy from the early twentieth century until the outbreak of the Revolution, seen from the perspective of what happened in the stock market. I have therefore prepared an index of Havana Stock Exchange listings which shows strong dependence on what happened in the sugar market, particularly in sugar exports. However, my research highlights the weakness of this institution, conceived more as an instrument of speculative enrichment rather than one of financing, the evolution of which reveals the fragility of the Cuban economy and particularly the poor development of its capital markets.


2013 ◽  
Vol 5 (1) ◽  
pp. 5-13 ◽  
Author(s):  
Preeya Mohan ◽  
Eric Strobl

Abstract This study estimates the economic impact of hurricane strikes in the Caribbean from 1700 to 1960. More precisely, historical accounts of hurricane strikes and actual historical hurricane tracks, in conjunction with sugar export data taken from the colonial blue books and other historical sources, were used to create a cross-colony/country and time dataset that allows for the first time the ability to evaluate the susceptibility of local sugar production to hurricanes. The regression results show that these events had generally large statistically and economically significant impacts.


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